RingCentral’s stock soared 27% after crushing Q2 earnings—revenue hit $657M, beating estimates, and they raised full-year forecasts to $2.64B in revenue and $5.03/share EPS, signaling strong confidence. Despite a history of wild swings (37 moves over 5% in a year), the market reacted sharply to the upbeat report, pushing shares to near their highest level in 12 months—even as long-term investors see modest gains since 2019.
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